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Investing.com - GSI Technology reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
GSI Technology announced earnings per share of $-0.130 on revenue of $8.950. Analysts polled by Investing.com EPS of $-0.160 on revenue of $9.5M.
GSI Technology 's are down 18% and is trading at $2.000 , still down 67.79% from its 52 week high of $6.21 set on Monday, November 22, 2021.
GSI Technology follows other major Information Technology sector earnings this month
GSI Technology's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar